Vice President - Collateral Management/Valuation - Investment Bank

Leading Investment Bank in Jaipur hiring from VP- Collateral Management Valuation.

Designation - VP Collateral Management Valuation

Job Location- Bangalore

Salary - Not Constraint for the Right Candidate.

Job Description :

Job Title: Vice President CMV Operations

Department: Chief Operating Office (COO); Global Markets Operations; Clearing, Collateral and Relationship Management (CCRM); Collateral Management and Valuations (CMV)

Location: Bangalore

Products: Global Markets Derivatives Cross Product (FX, Equities, Rates, Credit)

Key Responsibilities:

- Manage regional team delivering Valuations Client Services, Margin Disputes, regulatory Portfolio Reconciliation and Data Control. Team size will be approximately 50 employees at AVP level and below and represent a sizable global footprint for processes performed.

- Accountable for effective organizational design that enhances process stability thru high quality job content and proper supervision.

- Set priorities, goals and team objectives that advance global priorities and incorporates regional opportunities for process optimization and team development. Ensure daily, weekly, monthly and quarterly team habits and expectations are aligned with priorities set.

- Drives an effective people agenda, in collaboration with peers on CCRM India regional management team. Consistent and transparent in approach. Engagement across all corporate titles to ensure effective two way flow of communication.

- Create a culture of superior service to internal and external stakeholders, in particular client and front office facing functions. Imbibe in the team the importance of timely and accurate communication in a manner that is appropriate for that particular audience.

- Sets the standards for a strong operating control environment that is constantly evolving and proactive in identifying trends/weaknesses before an error or loss is incurred. Key messages are reinforced at regular intervals to keep protecting the Bank and our clients at the forefront of the team's daily processes. Escalation is encouraged and met with management support to ensure the issue impact is fully understand and quickly resolved.

- Accountable for process design to ensure procedures performed by team are efficient, controlled, regulatory compliant and risk of error is minimized. Advocate for innovation as well as process automation.

- Supervision of daily business processes, complete with adherence to standard tools and minimum requirements (eg. Daily team huddles, end of day dashboards, daily supervisory checklists). Ensures performance visualization via metrics /KPI's to evidence quality of team's performance and to meet internal or external governance requirements.

- Performs critical controls that require senior level of authority (eg. high value payments, P&L adjustments).

- Senior point of contact for Global Operations and Front Office management for day to day production elements as well as strategic initiatives.

- Regional contact for internal or external audit, risk & control and regulatory reviews. Proactively engaged in the management of these review to ensure information is properly understood by the independent reviewer and report findings are limited to appropriate and value added items.

- Lead organizational change initiatives (people or process; regional or global product; regulatory, tactical or strategic) that deliver better value from the team or the global function. Collaborate with colleagues in other locations for maximum impact.

- Active, contributing and collaborative member of the CCRM India leadership team and member of the CMV Extended global leadership team.

- Advocate in global forums for the needs as well as the accomplishments of the team. Is transparent regarding obstacles and challenges faced so input can be solicited from regional and global management towards resolution.

- Be accessible, visible and impactful with global stakeholders as well as regional management. Develop effective working relationship across the front to back processes in multiple locations to enhance operating effectiveness.

You will have:

- Strong Management and Leadership skills that motivates the team to deliver their best.

- Strong organisational skills; ability to identify and prioritise multiple tasks based on criticality, impact and franchise importance.

- Strong client relationship and influencing skills.

- Demonstrated ability to create and implement a strategic vision for team development and process evolution.

- Value the importance of investing in people. Track record of attracting, developing and retaining top talent.

- Exceptional communication skills - verbal, written and presentation.

- Independent problem solver who demonstrates accountability as well as execution capability.

- Proactive thinker who pre-empts and resolves issues to avoid operational incidents occurring.

- Mindset of change and influence to overcome obstacles impacting team performance, whether directly or indirectly related to the process.

- Background in either Valuations/Collateral, Rates, Credit, FX, Securities, Treasury or Liquidity Management.

- Ability to independently coordinate and manage work requirements across multiple business areas and functions.

- Ability to work in a fast-paced, highly regulated environment.

- Ability to connect with people as well as desire to learn process flows.

- Dedication to servicing a demanding internal and external client base.

- Intermediate PowerPoint skills as the role will require you to present data and proposals from time to time to regional and global audiences.

- Microsoft Excel skills to a good standard.

You will be:

- Degree educated in Finance, Commerce or related field, or have a minimum of 3 years of work experience in a Banking/Finance environment.

- Experience working in a global, cross matrix reporting organization.

- 3+ years experience in team management and organizational leadership.

Zoya
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